Palo Alto Networks

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CPM Questions 76–80 (page: 17)

Updated On: 9-Feb-2026

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QUESTION: 76

A project plan is a:

formal, approved document used to guide both project execution and project control.
document issued by senior management that provides the project manager with the authority to apply organizational resources to project actMties.
narrative description of products or services to be supplied.
document describing the organizational breakdown structure of the company.

Answer(s): A

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QUESTION: 77

What is the primary purpose of the accounting indicator?

To indicate the high level root cause of extra costs.
To indicate the cost type of extra costs.
To indicate the cost element in cost management.
To differentiate the cost component as per the cost management guideline.

Answer(s): A

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QUESTION: 78

For what primary purpose do cost and progress managers require the project change log?

Cost and progress managers are responsible to systematically document all change requests.
Cost and progress managers rarely require the change log, as it is a tool primarily for project managers.
The change log is mandatory for global reporting.
The change log provides key inputs for estimation at completion (EAC) maintenance.

Answer(s): D

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QUESTION: 79

What is the purpose of the WBS?

To show which work elements have been assigned to organizational units.
To ensure that all work within a project is identified and defined within a common framework.
To show the organizational structure of a program.
To schedule the project work elements.

Answer(s): B

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QUESTION: 80

In estimating the project costs, the best source of cost information can be obtained from:

the customer.
historical records.
senior engineers.
senior management.

Answer(s): B

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